Saudi royal boss to invest $300 million in Turkey, shifting away from unrest
Tuesday, 28 February 2012
By AL ARABIYA
A Saudi hotel developer will invest $300 million in Turkey, to increase the number of his company’s “My Tuana” hotels, the Hurriyet Daily News website reported on Tuesday.
Increasing interest in Turkey has been the result of a recent tourist influx into the country after the Arab Spring unrest had hit popular Middle East tourist destinations throughout 2011.
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